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Your total balance includes an accumulation balance and a defined benefit balance.
Please note that the amount you would receive if you withdrew your benefit today may be different to the figure shown, as fees and taxes may apply.
Accumulation balance
Your accumulation balance is made up of voluntary contributions made by you and your employer, any rollovers from other super funds, investment earnings, minus expenses such as fees, insurance premiums (if applicable) and taxes.
A transaction will usually be included the first business day after it’s been processed.
Defined benefit balance
Your defined benefit balance is calculated using a formula which may include things like your salary and the number of years you’ve worked for your company.
For more information on how your defined benefit is calculated, please refer to your annual statement.
You shouldn’t use the defined benefit amount shown for financial planning requirements. If you require information for this purpose, please contact us and we’ll perform the necessary checks to provide you with the most up-to-date information about your defined benefit.
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